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Global Financial Markets

OTC Derivatives: Bilateral Trading and Central Clearing

An Introduction to Regulatory Policy, Market Impact and Systemic Risk

Authors: Murphy, David

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eBook $49.99
price for USA (gross)
  • ISBN 978-1-137-29386-2
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
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  • Immediate eBook download after purchase
Hardcover $68.00
price for USA
  • ISBN 978-1-137-29385-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $65.00
price for USA
  • ISBN 978-1-349-45137-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

After the credit crisis, supervisors enacted a range of financial reforms. In particular, they radically changed the nature of the OTC derivatives market via a number of measures, notably mandatory central clearing. This book discusses the market before the crisis, explains what central clearing is, and outlines the consequences of the new rules.

About the authors

David Murphy is a leading expert in financial stability and regulatory capital. He has been involved in financial regulation and derivatives for over fifteen years, working as a supervisor, risk manager, and most recently as founder of Rivast consulting, a boutique risk management consultancy. He had a front row seat in the post-crisis financial reforms as Head of Risk at ISDA, and hence he is ideally placed to comment on the financial system that is emerging from them. Dr. Murphy has published widely on risk management, OTC derivatives and capital, and is well known for his contributions to financial regulation.

Table of contents (11 chapters)

  • Introduction

    Murphy, David

    Pages 1-5

  • Over-The-Counter Derivatives

    Murphy, David

    Pages 9-29

  • The Nature of the Counterparty Relationship in Bilateral OTC Derivatives

    Murphy, David

    Pages 31-60

  • The Valuation and Risk of OTC Derivatives

    Murphy, David

    Pages 61-91

  • The Role of OTC Derivatives in the Crisis

    Murphy, David

    Pages 93-118

Buy this book

eBook $49.99
price for USA (gross)
  • ISBN 978-1-137-29386-2
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $68.00
price for USA
  • ISBN 978-1-137-29385-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $65.00
price for USA
  • ISBN 978-1-349-45137-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.

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Bibliographic Information

Bibliographic Information
Book Title
OTC Derivatives: Bilateral Trading and Central Clearing
Book Subtitle
An Introduction to Regulatory Policy, Market Impact and Systemic Risk
Authors
Series Title
Global Financial Markets
Copyright
2013
Publisher
Palgrave Macmillan UK
Copyright Holder
Palgrave Macmillan, a division of Macmillan Publishers Limited
eBook ISBN
978-1-137-29386-2
DOI
10.1057/9781137293862
Hardcover ISBN
978-1-137-29385-5
Softcover ISBN
978-1-349-45137-1
Edition Number
1
Number of Pages
XI, 298
Topics